View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsMoney Forward 将来の成長Future 基準チェック /56Money Forward利益と収益がそれぞれ年間69.9%と23.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に2.2% 65.6%なると予測されています。主要情報69.9%収益成長率65.60%EPS成長率Software 収益成長15.9%収益成長率23.5%将来の株主資本利益率2.24%アナリストカバレッジGood最終更新日n/a今後の成長に関する最新情報お知らせ • Oct 15Money Forward, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending November 30, 2024Money Forward, Inc. provided consolidated earnings forecast for the Fiscal Year Ending November 30, 2024. For the period, the company expects net sales between JPY 39,500 million to JPY 42,000 million. Operating loss of JPY 3,898 million to JPY 1,898 million. Loss attributable to owners of parent of JPY 4,725 million to JPY 2,725 million. Loss per share of JPY 86.92 to JPY 50.13.お知らせ • Oct 17Money Forward, Inc. Announces Consolidated Earnings Forecast for the Fourth Quarter Ending November 30, 2023Money Forward, Inc. announced consolidated earnings forecast for the fourth quarter ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 8,054 million to JPY 8,699 million. Operating loss of JPY 2,100 million to JPY 1,600 million. Loss attributable to owners of parent of JPY 2,200 million to JPY 1,700 million. Loss per share of JPY 40.65 to JPY 31.41.お知らせ • Oct 13Money Forward, Inc. Revises Consolidated Earnings Guidance for the Year Ending November 30, 2023Money Forward, Inc. revised consolidated earnings guidance for the year ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 29,639 million to JPY 30,283 million compared to previous guidance of JPY 29,209 million to JPY 30,283 million. Operating profit of JPY 6,665 million to JPY 6,165 million. Profit attributable to owners of parent of JPY 7,136 million to JPY 6,636 million. Earnings per share of JPY 132.19 to JPY 122.92.お知らせ • Jan 21Money Forward, Inc. Provides Earnings Guidance for the First Quarter Ending February 28, 2023 and Fiscal Year 2023Money Forward, Inc. provided earnings guidance for the first quarter ending February 28, 2023 and fiscal year 2023. For the quarter, the company expects net sales of ¥6,278 million to ¥6,563 million, operating loss of ¥2,569 million to ¥2,069 million, loss attributable to owners of parent of ¥2,585 million to ¥2,085 million and loss per share of ¥48.07 to ¥38.77.For the year, the company expects net sales of ¥27,491 million to ¥29,639 million.お知らせ • Oct 17+ 1 more updateMoney Forward, Inc. Revises Earnings Forecast for the Nine Months Ended August 31, 2022Money Forward, Inc. revised earnings forecast for the nine months ended August 31, 2022. For the period the company expected net sales of JPY 5,455 million against JPY 5,175 million to JPY 5,405 million as Previous forecast, Operating loss of JPY 2,510 million against JPY 2,850 million to JYY 2,350 million as Previous forecast, Loss attributable to owners of parent of JPY 3,458 million against JPY 2,920 million to JPY 2,420 million as Previous forecast, Loss per share of JPY 64.64 against JPY 54.33 to JPY 45.03 as Previous forecast.お知らせ • Jul 19Money Forward, Inc. Provides Consolidated Earnings Guidance for the Three Months Ending August 31, 2022 and Full Year Ending November 30, 2022Money Forward, Inc. provided consolidated earnings guidance for the three months ending August 31, 2022 and full year ending November 30, 2022. For the three months, the company expects net sales of ¥5,175 million to ¥5,405 million. Operating loss of ¥2,850 million to ¥2,350 million. Loss attributable to owners of parent of ¥2,920 million to ¥2,420 million. LPS of ¥54.33 to ¥45.03. For the year, the company expects net sales of ¥20,322 million to ¥21,886 million.すべての更新を表示Recent updatesお知らせ • Feb 16Money Forward, Inc. to Report Q3, 2025 Results on Oct 15, 2025Money Forward, Inc. announced that they will report Q3, 2025 results on Oct 15, 2025お知らせ • Feb 15+ 1 more updateMoney Forward, Inc. to Report Q1, 2025 Results on Apr 14, 2025Money Forward, Inc. announced that they will report Q1, 2025 results on Apr 14, 2025お知らせ • Jan 14Money Forward, Inc., Annual General Meeting, Feb 25, 2025Money Forward, Inc., Annual General Meeting, Feb 25, 2025.お知らせ • Nov 27Yozo Ueda to Resign as External Audit & Supervisory Board Member of Money Forward, IncMoney Forward, Inc. announced audit & supervisory board member to resign: Yozo Ueda; Current Position: External Audit & Supervisory Board member.お知らせ • Nov 01Money Forward, Inc. to Report Fiscal Year 2024 Results on Jan 14, 2025Money Forward, Inc. announced that they will report fiscal year 2024 results on Jan 14, 2025お知らせ • Oct 15Money Forward, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending November 30, 2024Money Forward, Inc. provided consolidated earnings forecast for the Fiscal Year Ending November 30, 2024. For the period, the company expects net sales between JPY 39,500 million to JPY 42,000 million. Operating loss of JPY 3,898 million to JPY 1,898 million. Loss attributable to owners of parent of JPY 4,725 million to JPY 2,725 million. Loss per share of JPY 86.92 to JPY 50.13.お知らせ • Apr 01Money Forward, Inc. (TSE:3994) agreed to acquire 20.3% stake in Caster Co.Ltd. (TSE:9331) from various investor for ¥470 million.Money Forward, Inc. (TSE:3994) agreed to acquire 20.3% stake in Caster Co.Ltd. (TSE:9331) from various investor for ¥470 million on April 1, 2024.お知らせ • Jan 14Money Forward, Inc., Annual General Meeting, Feb 28, 2024Money Forward, Inc., Annual General Meeting, Feb 28, 2024.お知らせ • Dec 21Money Forward, Inc. Announces Etsuko Okajima to Resign as External DirectorMoney Forward, Inc. announced resignation of Etsuko Okajima as External Director upon the conclusion of the 12th Annual General Meeting of Shareholders.お知らせ • Nov 02+ 2 more updatesMoney Forward, Inc. to Report Q3, 2024 Results on Oct 11, 2024Money Forward, Inc. announced that they will report Q3, 2024 results on Oct 11, 2024お知らせ • Nov 01Money Forward, Inc. to Report Fiscal Year 2023 Results on Jan 12, 2024Money Forward, Inc. announced that they will report fiscal year 2023 results on Jan 12, 2024お知らせ • Oct 17Money Forward, Inc. Announces Consolidated Earnings Forecast for the Fourth Quarter Ending November 30, 2023Money Forward, Inc. announced consolidated earnings forecast for the fourth quarter ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 8,054 million to JPY 8,699 million. Operating loss of JPY 2,100 million to JPY 1,600 million. Loss attributable to owners of parent of JPY 2,200 million to JPY 1,700 million. Loss per share of JPY 40.65 to JPY 31.41.お知らせ • Oct 13Money Forward, Inc. Revises Consolidated Earnings Guidance for the Year Ending November 30, 2023Money Forward, Inc. revised consolidated earnings guidance for the year ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 29,639 million to JPY 30,283 million compared to previous guidance of JPY 29,209 million to JPY 30,283 million. Operating profit of JPY 6,665 million to JPY 6,165 million. Profit attributable to owners of parent of JPY 7,136 million to JPY 6,636 million. Earnings per share of JPY 132.19 to JPY 122.92.お知らせ • Jan 21Money Forward, Inc. Provides Earnings Guidance for the First Quarter Ending February 28, 2023 and Fiscal Year 2023Money Forward, Inc. provided earnings guidance for the first quarter ending February 28, 2023 and fiscal year 2023. For the quarter, the company expects net sales of ¥6,278 million to ¥6,563 million, operating loss of ¥2,569 million to ¥2,069 million, loss attributable to owners of parent of ¥2,585 million to ¥2,085 million and loss per share of ¥48.07 to ¥38.77.For the year, the company expects net sales of ¥27,491 million to ¥29,639 million.お知らせ • Jan 16Money Forward, Inc., Annual General Meeting, Feb 22, 2023Money Forward, Inc., Annual General Meeting, Feb 22, 2023. Agenda: To consider the Reduction of Legal Capital Surplus and Appropriation of Surplus.お知らせ • Nov 18Money Forward, Inc. Announces Change in Management StructureMoney Forward, Inc. announces that it has decided, at a meeting of the Board of Directors held on November 18, 2022, to change its management structure for the 12th fiscal year based on the report from the Nomination and Compensation Committee (Advisory Committee). They will be officially appointed as Board of Directors and Audit & Supervisory Board members at the 11th Annual General Meeting of Shareholders scheduled for February 2023. The Company has submitted notification to Tokyo Stock Exchange, Inc. that Masaaki Tanaka, Akira Kurabayashi, Etsuko Okajima, Hiroaki Yasutake and Gen Miyazawa have been appointed as independent officers. If their elections are approved, the Company plans to submit notification to the aforementioned exchange that they are independent officers. The company announced the resignation of Ryoko Ueda as External Director. Masami Hatakeyama to be newly elected as External Audit & Supervisory Board member. Audit & Supervisory Board members during their term of office: Yozo Ueda External Audit & Supervisory Board member, Katsuyuki Tanaka External Audit & Supervisory Board member, Hidetoshi Uriu External Audit & Supervisory Board member. The Company plans to make an official decision on full-time Audit & Supervisory Board member upon approval at an extraordinary meeting of Audit & Supervisory Board, to be held following the 11th Annual Shareholders' Meeting.お知らせ • Nov 10+ 2 more updatesMoney Forward, Inc. to Report Q3, 2023 Results on Oct 13, 2023Money Forward, Inc. announced that they will report Q3, 2023 results on Oct 13, 2023お知らせ • Nov 01Money Forward, Inc. to Report Fiscal Year 2022 Results on Jan 16, 2023Money Forward, Inc. announced that they will report fiscal year 2022 results on Jan 16, 2023お知らせ • Oct 17+ 1 more updateMoney Forward, Inc. Revises Earnings Forecast for the Nine Months Ended August 31, 2022Money Forward, Inc. revised earnings forecast for the nine months ended August 31, 2022. For the period the company expected net sales of JPY 5,455 million against JPY 5,175 million to JPY 5,405 million as Previous forecast, Operating loss of JPY 2,510 million against JPY 2,850 million to JYY 2,350 million as Previous forecast, Loss attributable to owners of parent of JPY 3,458 million against JPY 2,920 million to JPY 2,420 million as Previous forecast, Loss per share of JPY 64.64 against JPY 54.33 to JPY 45.03 as Previous forecast.お知らせ • Jul 19Money Forward, Inc. Provides Consolidated Earnings Guidance for the Three Months Ending August 31, 2022 and Full Year Ending November 30, 2022Money Forward, Inc. provided consolidated earnings guidance for the three months ending August 31, 2022 and full year ending November 30, 2022. For the three months, the company expects net sales of ¥5,175 million to ¥5,405 million. Operating loss of ¥2,850 million to ¥2,350 million. Loss attributable to owners of parent of ¥2,920 million to ¥2,420 million. LPS of ¥54.33 to ¥45.03. For the year, the company expects net sales of ¥20,322 million to ¥21,886 million.Buying Opportunity • May 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 39%. The fair value is estimated to be €31.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 72% in 2 years. Earnings is forecast to grow by 66% in the next 2 years.お知らせ • Apr 16Money Forward, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2022 and Full Year Ending November 30, 2022Money Forward, Inc. provided consolidated earnings guidance for the six months ending May 31, 2022 and full year ending November 30, 2022. For the six months, the company expects net sales of ¥20,322 million to ¥21,886 million.For the year, the company expects net sales of ¥4,752 million to ¥5,072 million, operating loss of ¥2,400 million to ¥1,900 million, loss attributable to owners of parent of ¥2,550 million to ¥2,050 million or LPS of ¥47.67 to ¥38.32.Reported Earnings • Apr 14First quarter 2022 earnings released: JP¥31.27 loss per share (vs JP¥1.34 profit in 1Q 2021)First quarter 2022 results: JP¥31.27 loss per share (down from JP¥1.34 profit in 1Q 2021). Revenue: JP¥4.76b (up 37% from 1Q 2021). Net loss: JP¥1.67b (down JP¥1.73b from profit in 1Q 2021). Over the next year, revenue is forecast to grow 32%, compared to a 15% growth forecast for the industry in Germany.お知らせ • Apr 14Money Forward, Inc. (TSE:3994) agreed to acquire Nexsol CO., LTD from Michiteru Kokatsu.Money Forward, Inc. (TSE:3994) agreed to acquire Nexsol CO., LTD from Michiteru Kokatsu on April 13, 2022. Michiteru Kokatsu, The Representative Director of Nexsol will continue to be involved with Nexsol’s management. As on June 30, 2022, Nexsol generated the sales of ¥537.832 million, total assets of ¥288.733 million, Operating income of ¥42.232 million, Net income of ¥26.853 million and Net assets of ¥121.85 million. Implementation date of the acquisition of shares is on May 13, 2022.お知らせ • Mar 03Money Forward, Inc. Revises Consolidated Earnings Guidance for the Three Months Ended February 28, 2022Money Forward, Inc. revised consolidated earnings guidance for the three months ended February 28, 2022. For the period, the company expected net sales to be JPY 4,649 million to JPY 4,718 million, operating loss to be JPY 2,100 million to JPY 1,600 million, loss attributable to owners of parent to be JPY 2,120 million to JPY 1,620 million and loss per share to be JPY 39.70 to JPY 30.34 compared to previous guidance of net sales to be JPY 4,299 million to JPY 4,368 million, operating loss to be JPY 2,900 million to JPY 2,400 million, loss attributable to owners of parent to be JPY 2,920 million to JPY 2,420 million and loss per share to be JPY 54.67 to JPY 45.31.Breakeven Date Change • Feb 05Forecast breakeven date pushed back to 2024The 12 analysts covering Money Forward previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 63% per year to 2023. The company is expected to make a profit of JP¥1.39b in 2024. Average annual earnings growth of 63% is required to achieve expected profit on schedule.Reported Earnings • Jan 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: JP¥29.97 loss per share (up from JP¥52.07 loss in FY 2020). Revenue: JP¥15.6b (up 38% from FY 2020). Net loss: JP¥1.48b (loss narrowed 39% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 13% growth forecast for the industry in Germany.Breakeven Date Change • Jan 15Forecast breakeven date pushed back to 2023The 12 analysts covering Money Forward previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 93% to 2022. The company is expected to make a profit of JP¥1.89b in 2023. Average annual earnings growth of 74% is required to achieve expected profit on schedule.お知らせ • Dec 01Money Forward, Inc. (TSE:3994) agreed to acquire HiTTO,Inc. for ¥2 billion.Money Forward, Inc. (TSE:3994) agreed to acquire HiTTO,Inc. for ¥2 billion on November 30, 2021. Money Forward will acquire 9,780 shares of HiTTO. After completion of the transaction, HiTTO will be a wholly owned subsidiary of the Company. Earnings will be included in the earnings forecasts for the following fiscal year and beyond of the Company. HiTTO reported net assets as ¥34.1 million, total assets as approximately ¥490 million, net sales as approximately ¥330 million, operating income as ¥0.1 million and net income as ¥5.3 million for the period end on February 28, 2021. The transaction has been resolved by the board of directors of Money Forward and is expected to completed on December 2021.Reported Earnings • Oct 16Third quarter 2021 earnings released: JP¥15.90 loss per share (vs JP¥6.10 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥3.83b (up 39% from 3Q 2020). Net loss: JP¥778.0m (loss widened 171% from 3Q 2020).Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 14 analysts covering Money Forward expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of JP¥469.1m in 2022. Average annual earnings growth of 65% is required to achieve expected profit on schedule.Reported Earnings • Jul 17Second quarter 2021 earnings released: JP¥0.92 loss per share (vs JP¥13.20 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: JP¥3.99b (up 42% from 2Q 2020). Net loss: JP¥44.0m (loss narrowed 93% from 2Q 2020).お知らせ • Apr 16Money Forward, Inc. Provides Earnings Guidance for the Year Ending November 30, 2021Money Forward, Inc. provided earnings guidance for the year ending November 30, 2021. For the period, the company expects net sales of ¥14,750 million to ¥15,750 million; Operating loss of ¥1,196 million to ¥796 million; Profit attributable to owners of parent of ¥1,308 million to ¥908 million or LPS of ¥27.42 to ¥19.04.Reported Earnings • Apr 16First quarter 2021 earnings released: EPS JP¥1.34 (vs JP¥14.59 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥3.47b (up 45% from 1Q 2020). Net income: JP¥64.0m (up JP¥720.0m from 1Q 2020). Profit margin: 1.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue.Is New 90 Day High Low • Mar 16New 90-day low: €32.99The company is down 1.0% from a price of €33.47 on 16 December 2020. Underperformed the German market, which is up 10.0% over the last 90 days. Lagged the Software industry, which is up 3.0% over the same period.Reported Earnings • Mar 02Full year 2020 earnings released: JP¥52.07 loss per share (vs JP¥58.95 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: JP¥11.3b (up 58% from FY 2019). Net loss: JP¥2.42b (loss narrowed 5.8% from FY 2019).Analyst Estimate Surprise Post Earnings • Mar 02Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 35%, compared to a 24% growth forecast for the Software industry in Germany.お知らせ • Feb 10Lifenet Insurance Company Concludes Business Alliance Agreement with Money ForwardLifenet Insurance Company announced conclusion of a business alliance agreement with Money Forward, Inc. The objective of this business alliance is to sell the Money Forward-branded life insurance product to customers who are using Money Forward ME, an automated personal financial management service provided by Money Forward, Inc. A diagnostic tool will be provided to customers who are using the Money Forward ME as one initiative of the business alliance. This tool will enable customers to review their insurance and apply for Money Forward-branded life insurance product online. It will provide a new customer experience in the areas of household budget management and insurance. Lifenet will continue to dedicate itself to providing insurance products and services that contribute value and convenience to customers.Analyst Estimate Surprise Post Earnings • Jan 19Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 33%, compared to a 23% growth forecast for the Software industry in Germany.お知らせ • Jan 16Money Forward, Inc., Annual General Meeting, Feb 26, 2021Money Forward, Inc., Annual General Meeting, Feb 26, 2021.Analyst Estimate Surprise Post Earnings • Jan 15Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 33%, compared to a 22% growth forecast for the Software industry in Germany.Reported Earnings • Jan 14Full year 2020 earnings released: JP¥104 loss per shareThe company reported a solid full year result with reduced losses and improved revenues and control over expenses. Full year 2020 results: Revenue: JP¥11.3b (up 58% from FY 2019). Net loss: JP¥2.42b (loss narrowed 5.8% from FY 2019).お知らせ • Nov 07+ 3 more updatesMoney Forward, Inc. to Report Fiscal Year 2020 Results on Jan 14, 2021Money Forward, Inc. announced that they will report fiscal year 2020 results on Jan 14, 2021Is New 90 Day High Low • Nov 07New 90-day high: €83.73The company is up 33% from its price of €62.94 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €61.46 per share.Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total losses of JP¥2.09b, with losses narrowing by 11% from the prior year. Total revenue was JP¥10.2b over the last 12 months, up 59% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 16Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 4.4% at JP¥2.76b. Revenue is forecast to grow 40% over the next year, compared to a 16% growth forecast for the Software industry in Germany.Is New 90 Day High Low • Oct 08New 90-day high: €68.33The company is up 24% from its price of €55.06 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €58.19 per share.お知らせ • Sep 19+ 2 more updatesMoney Forward, Inc. (TSE:3994) entered into an agreement to acquire remaining 22.2% stake in R&AC Co., Ltd. from Tomoyasu Takayama for approximately ¥450 million.Money Forward, Inc. (TSE:3994) entered into an agreement to acquire remaining 22.2% stake in R&AC Co., Ltd. from Tomoyasu Takayama for approximately ¥450 million on September 18, 2020. Under the terms, 180 shares will be acquired as a part of the transaction. Money Forward will issue 348.034 share for one share of R&AC. As a part of the transaction, 0.63 million shares will be allotted upon share exchange. The share exchange ratio is subject to change by discussion between the two companies. Post the completion of the transaction, R&AC will operate as a wholly owned subsidiary of Money Forward. R&AC reported total assets of ¥452 million, net assets of ¥363 million, net sales of ¥382 million, operating loss of ¥7 million and net loss of ¥4 million for the fiscal year ended September 2019. The transaction is subject to approval by shareholders of R&AC Co. The transaction is not subject to shareholders approval of Money Forward. The shareholders meeting of R&AC will be held on October 7, 2020. The transaction is expected to close on October 12, 2020.業績と収益の成長予測BST:47D - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数11/30/202435,588-914-9376011211/30/202327,735-4,212-5,087-3,6851311/30/202221,216-6,693-12,546-6,780135/31/202218,013-5,389-6,987-4,093N/A2/28/202216,921-3,214N/AN/AN/A11/30/202115,632-1,482-4,660-2,327N/A8/31/202114,641-1,620N/AN/AN/A5/31/202113,564-1,129-3,073-1,139N/A2/28/202112,391-1,703N/AN/AN/A11/30/202011,318-2,423-2,285-1,119N/A8/31/202010,186-2,090N/AN/AN/A5/31/20209,312-2,113-3,180-2,737N/A2/29/20208,152-2,074N/AN/AN/A11/30/20197,156-2,572-3,736-3,605N/A8/31/20196,408-2,333N/AN/AN/A5/31/20195,656-2,316-2,785-2,425N/A2/28/20195,086-1,841N/AN/AN/A11/30/20184,594-815-1,169-795N/A8/31/20184,091-626N/AN/AN/A5/31/20183,693-391N/AN/AN/A2/28/20183,203-628N/AN/AN/A11/30/20172,899-842-508-498N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 47Dは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( -0.01% ) よりも高い成長率であると考えられます。収益対市場: 47D今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 47D今後 3 年以内に収益を上げることが予想されます。収益対市場: 47Dの収益 ( 23.5% ) German市場 ( 6.4% ) よりも速いペースで成長すると予測されています。高い収益成長: 47Dの収益 ( 23.5% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 47Dの 自己資本利益率 は、3年後には低くなると予測されています ( 2.2 %)。成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/08/27 09:30終値2022/05/30 00:00収益2022/05/31年間収益2021/11/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Money Forward, Inc. 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Keiichi YoneshimaCitigroup IncHideo NodaCLSAJunichi ShimizuDeutsche Bank12 その他のアナリストを表示
お知らせ • Oct 15Money Forward, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending November 30, 2024Money Forward, Inc. provided consolidated earnings forecast for the Fiscal Year Ending November 30, 2024. For the period, the company expects net sales between JPY 39,500 million to JPY 42,000 million. Operating loss of JPY 3,898 million to JPY 1,898 million. Loss attributable to owners of parent of JPY 4,725 million to JPY 2,725 million. Loss per share of JPY 86.92 to JPY 50.13.
お知らせ • Oct 17Money Forward, Inc. Announces Consolidated Earnings Forecast for the Fourth Quarter Ending November 30, 2023Money Forward, Inc. announced consolidated earnings forecast for the fourth quarter ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 8,054 million to JPY 8,699 million. Operating loss of JPY 2,100 million to JPY 1,600 million. Loss attributable to owners of parent of JPY 2,200 million to JPY 1,700 million. Loss per share of JPY 40.65 to JPY 31.41.
お知らせ • Oct 13Money Forward, Inc. Revises Consolidated Earnings Guidance for the Year Ending November 30, 2023Money Forward, Inc. revised consolidated earnings guidance for the year ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 29,639 million to JPY 30,283 million compared to previous guidance of JPY 29,209 million to JPY 30,283 million. Operating profit of JPY 6,665 million to JPY 6,165 million. Profit attributable to owners of parent of JPY 7,136 million to JPY 6,636 million. Earnings per share of JPY 132.19 to JPY 122.92.
お知らせ • Jan 21Money Forward, Inc. Provides Earnings Guidance for the First Quarter Ending February 28, 2023 and Fiscal Year 2023Money Forward, Inc. provided earnings guidance for the first quarter ending February 28, 2023 and fiscal year 2023. For the quarter, the company expects net sales of ¥6,278 million to ¥6,563 million, operating loss of ¥2,569 million to ¥2,069 million, loss attributable to owners of parent of ¥2,585 million to ¥2,085 million and loss per share of ¥48.07 to ¥38.77.For the year, the company expects net sales of ¥27,491 million to ¥29,639 million.
お知らせ • Oct 17+ 1 more updateMoney Forward, Inc. Revises Earnings Forecast for the Nine Months Ended August 31, 2022Money Forward, Inc. revised earnings forecast for the nine months ended August 31, 2022. For the period the company expected net sales of JPY 5,455 million against JPY 5,175 million to JPY 5,405 million as Previous forecast, Operating loss of JPY 2,510 million against JPY 2,850 million to JYY 2,350 million as Previous forecast, Loss attributable to owners of parent of JPY 3,458 million against JPY 2,920 million to JPY 2,420 million as Previous forecast, Loss per share of JPY 64.64 against JPY 54.33 to JPY 45.03 as Previous forecast.
お知らせ • Jul 19Money Forward, Inc. Provides Consolidated Earnings Guidance for the Three Months Ending August 31, 2022 and Full Year Ending November 30, 2022Money Forward, Inc. provided consolidated earnings guidance for the three months ending August 31, 2022 and full year ending November 30, 2022. For the three months, the company expects net sales of ¥5,175 million to ¥5,405 million. Operating loss of ¥2,850 million to ¥2,350 million. Loss attributable to owners of parent of ¥2,920 million to ¥2,420 million. LPS of ¥54.33 to ¥45.03. For the year, the company expects net sales of ¥20,322 million to ¥21,886 million.
お知らせ • Feb 16Money Forward, Inc. to Report Q3, 2025 Results on Oct 15, 2025Money Forward, Inc. announced that they will report Q3, 2025 results on Oct 15, 2025
お知らせ • Feb 15+ 1 more updateMoney Forward, Inc. to Report Q1, 2025 Results on Apr 14, 2025Money Forward, Inc. announced that they will report Q1, 2025 results on Apr 14, 2025
お知らせ • Jan 14Money Forward, Inc., Annual General Meeting, Feb 25, 2025Money Forward, Inc., Annual General Meeting, Feb 25, 2025.
お知らせ • Nov 27Yozo Ueda to Resign as External Audit & Supervisory Board Member of Money Forward, IncMoney Forward, Inc. announced audit & supervisory board member to resign: Yozo Ueda; Current Position: External Audit & Supervisory Board member.
お知らせ • Nov 01Money Forward, Inc. to Report Fiscal Year 2024 Results on Jan 14, 2025Money Forward, Inc. announced that they will report fiscal year 2024 results on Jan 14, 2025
お知らせ • Oct 15Money Forward, Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending November 30, 2024Money Forward, Inc. provided consolidated earnings forecast for the Fiscal Year Ending November 30, 2024. For the period, the company expects net sales between JPY 39,500 million to JPY 42,000 million. Operating loss of JPY 3,898 million to JPY 1,898 million. Loss attributable to owners of parent of JPY 4,725 million to JPY 2,725 million. Loss per share of JPY 86.92 to JPY 50.13.
お知らせ • Apr 01Money Forward, Inc. (TSE:3994) agreed to acquire 20.3% stake in Caster Co.Ltd. (TSE:9331) from various investor for ¥470 million.Money Forward, Inc. (TSE:3994) agreed to acquire 20.3% stake in Caster Co.Ltd. (TSE:9331) from various investor for ¥470 million on April 1, 2024.
お知らせ • Jan 14Money Forward, Inc., Annual General Meeting, Feb 28, 2024Money Forward, Inc., Annual General Meeting, Feb 28, 2024.
お知らせ • Dec 21Money Forward, Inc. Announces Etsuko Okajima to Resign as External DirectorMoney Forward, Inc. announced resignation of Etsuko Okajima as External Director upon the conclusion of the 12th Annual General Meeting of Shareholders.
お知らせ • Nov 02+ 2 more updatesMoney Forward, Inc. to Report Q3, 2024 Results on Oct 11, 2024Money Forward, Inc. announced that they will report Q3, 2024 results on Oct 11, 2024
お知らせ • Nov 01Money Forward, Inc. to Report Fiscal Year 2023 Results on Jan 12, 2024Money Forward, Inc. announced that they will report fiscal year 2023 results on Jan 12, 2024
お知らせ • Oct 17Money Forward, Inc. Announces Consolidated Earnings Forecast for the Fourth Quarter Ending November 30, 2023Money Forward, Inc. announced consolidated earnings forecast for the fourth quarter ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 8,054 million to JPY 8,699 million. Operating loss of JPY 2,100 million to JPY 1,600 million. Loss attributable to owners of parent of JPY 2,200 million to JPY 1,700 million. Loss per share of JPY 40.65 to JPY 31.41.
お知らせ • Oct 13Money Forward, Inc. Revises Consolidated Earnings Guidance for the Year Ending November 30, 2023Money Forward, Inc. revised consolidated earnings guidance for the year ending November 30, 2023. For the year ending November 30, 2023, the company expects net sales of JPY 29,639 million to JPY 30,283 million compared to previous guidance of JPY 29,209 million to JPY 30,283 million. Operating profit of JPY 6,665 million to JPY 6,165 million. Profit attributable to owners of parent of JPY 7,136 million to JPY 6,636 million. Earnings per share of JPY 132.19 to JPY 122.92.
お知らせ • Jan 21Money Forward, Inc. Provides Earnings Guidance for the First Quarter Ending February 28, 2023 and Fiscal Year 2023Money Forward, Inc. provided earnings guidance for the first quarter ending February 28, 2023 and fiscal year 2023. For the quarter, the company expects net sales of ¥6,278 million to ¥6,563 million, operating loss of ¥2,569 million to ¥2,069 million, loss attributable to owners of parent of ¥2,585 million to ¥2,085 million and loss per share of ¥48.07 to ¥38.77.For the year, the company expects net sales of ¥27,491 million to ¥29,639 million.
お知らせ • Jan 16Money Forward, Inc., Annual General Meeting, Feb 22, 2023Money Forward, Inc., Annual General Meeting, Feb 22, 2023. Agenda: To consider the Reduction of Legal Capital Surplus and Appropriation of Surplus.
お知らせ • Nov 18Money Forward, Inc. Announces Change in Management StructureMoney Forward, Inc. announces that it has decided, at a meeting of the Board of Directors held on November 18, 2022, to change its management structure for the 12th fiscal year based on the report from the Nomination and Compensation Committee (Advisory Committee). They will be officially appointed as Board of Directors and Audit & Supervisory Board members at the 11th Annual General Meeting of Shareholders scheduled for February 2023. The Company has submitted notification to Tokyo Stock Exchange, Inc. that Masaaki Tanaka, Akira Kurabayashi, Etsuko Okajima, Hiroaki Yasutake and Gen Miyazawa have been appointed as independent officers. If their elections are approved, the Company plans to submit notification to the aforementioned exchange that they are independent officers. The company announced the resignation of Ryoko Ueda as External Director. Masami Hatakeyama to be newly elected as External Audit & Supervisory Board member. Audit & Supervisory Board members during their term of office: Yozo Ueda External Audit & Supervisory Board member, Katsuyuki Tanaka External Audit & Supervisory Board member, Hidetoshi Uriu External Audit & Supervisory Board member. The Company plans to make an official decision on full-time Audit & Supervisory Board member upon approval at an extraordinary meeting of Audit & Supervisory Board, to be held following the 11th Annual Shareholders' Meeting.
お知らせ • Nov 10+ 2 more updatesMoney Forward, Inc. to Report Q3, 2023 Results on Oct 13, 2023Money Forward, Inc. announced that they will report Q3, 2023 results on Oct 13, 2023
お知らせ • Nov 01Money Forward, Inc. to Report Fiscal Year 2022 Results on Jan 16, 2023Money Forward, Inc. announced that they will report fiscal year 2022 results on Jan 16, 2023
お知らせ • Oct 17+ 1 more updateMoney Forward, Inc. Revises Earnings Forecast for the Nine Months Ended August 31, 2022Money Forward, Inc. revised earnings forecast for the nine months ended August 31, 2022. For the period the company expected net sales of JPY 5,455 million against JPY 5,175 million to JPY 5,405 million as Previous forecast, Operating loss of JPY 2,510 million against JPY 2,850 million to JYY 2,350 million as Previous forecast, Loss attributable to owners of parent of JPY 3,458 million against JPY 2,920 million to JPY 2,420 million as Previous forecast, Loss per share of JPY 64.64 against JPY 54.33 to JPY 45.03 as Previous forecast.
お知らせ • Jul 19Money Forward, Inc. Provides Consolidated Earnings Guidance for the Three Months Ending August 31, 2022 and Full Year Ending November 30, 2022Money Forward, Inc. provided consolidated earnings guidance for the three months ending August 31, 2022 and full year ending November 30, 2022. For the three months, the company expects net sales of ¥5,175 million to ¥5,405 million. Operating loss of ¥2,850 million to ¥2,350 million. Loss attributable to owners of parent of ¥2,920 million to ¥2,420 million. LPS of ¥54.33 to ¥45.03. For the year, the company expects net sales of ¥20,322 million to ¥21,886 million.
Buying Opportunity • May 10Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 39%. The fair value is estimated to be €31.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 72% in 2 years. Earnings is forecast to grow by 66% in the next 2 years.
お知らせ • Apr 16Money Forward, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending May 31, 2022 and Full Year Ending November 30, 2022Money Forward, Inc. provided consolidated earnings guidance for the six months ending May 31, 2022 and full year ending November 30, 2022. For the six months, the company expects net sales of ¥20,322 million to ¥21,886 million.For the year, the company expects net sales of ¥4,752 million to ¥5,072 million, operating loss of ¥2,400 million to ¥1,900 million, loss attributable to owners of parent of ¥2,550 million to ¥2,050 million or LPS of ¥47.67 to ¥38.32.
Reported Earnings • Apr 14First quarter 2022 earnings released: JP¥31.27 loss per share (vs JP¥1.34 profit in 1Q 2021)First quarter 2022 results: JP¥31.27 loss per share (down from JP¥1.34 profit in 1Q 2021). Revenue: JP¥4.76b (up 37% from 1Q 2021). Net loss: JP¥1.67b (down JP¥1.73b from profit in 1Q 2021). Over the next year, revenue is forecast to grow 32%, compared to a 15% growth forecast for the industry in Germany.
お知らせ • Apr 14Money Forward, Inc. (TSE:3994) agreed to acquire Nexsol CO., LTD from Michiteru Kokatsu.Money Forward, Inc. (TSE:3994) agreed to acquire Nexsol CO., LTD from Michiteru Kokatsu on April 13, 2022. Michiteru Kokatsu, The Representative Director of Nexsol will continue to be involved with Nexsol’s management. As on June 30, 2022, Nexsol generated the sales of ¥537.832 million, total assets of ¥288.733 million, Operating income of ¥42.232 million, Net income of ¥26.853 million and Net assets of ¥121.85 million. Implementation date of the acquisition of shares is on May 13, 2022.
お知らせ • Mar 03Money Forward, Inc. Revises Consolidated Earnings Guidance for the Three Months Ended February 28, 2022Money Forward, Inc. revised consolidated earnings guidance for the three months ended February 28, 2022. For the period, the company expected net sales to be JPY 4,649 million to JPY 4,718 million, operating loss to be JPY 2,100 million to JPY 1,600 million, loss attributable to owners of parent to be JPY 2,120 million to JPY 1,620 million and loss per share to be JPY 39.70 to JPY 30.34 compared to previous guidance of net sales to be JPY 4,299 million to JPY 4,368 million, operating loss to be JPY 2,900 million to JPY 2,400 million, loss attributable to owners of parent to be JPY 2,920 million to JPY 2,420 million and loss per share to be JPY 54.67 to JPY 45.31.
Breakeven Date Change • Feb 05Forecast breakeven date pushed back to 2024The 12 analysts covering Money Forward previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 63% per year to 2023. The company is expected to make a profit of JP¥1.39b in 2024. Average annual earnings growth of 63% is required to achieve expected profit on schedule.
Reported Earnings • Jan 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: JP¥29.97 loss per share (up from JP¥52.07 loss in FY 2020). Revenue: JP¥15.6b (up 38% from FY 2020). Net loss: JP¥1.48b (loss narrowed 39% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 13% growth forecast for the industry in Germany.
Breakeven Date Change • Jan 15Forecast breakeven date pushed back to 2023The 12 analysts covering Money Forward previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 93% to 2022. The company is expected to make a profit of JP¥1.89b in 2023. Average annual earnings growth of 74% is required to achieve expected profit on schedule.
お知らせ • Dec 01Money Forward, Inc. (TSE:3994) agreed to acquire HiTTO,Inc. for ¥2 billion.Money Forward, Inc. (TSE:3994) agreed to acquire HiTTO,Inc. for ¥2 billion on November 30, 2021. Money Forward will acquire 9,780 shares of HiTTO. After completion of the transaction, HiTTO will be a wholly owned subsidiary of the Company. Earnings will be included in the earnings forecasts for the following fiscal year and beyond of the Company. HiTTO reported net assets as ¥34.1 million, total assets as approximately ¥490 million, net sales as approximately ¥330 million, operating income as ¥0.1 million and net income as ¥5.3 million for the period end on February 28, 2021. The transaction has been resolved by the board of directors of Money Forward and is expected to completed on December 2021.
Reported Earnings • Oct 16Third quarter 2021 earnings released: JP¥15.90 loss per share (vs JP¥6.10 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥3.83b (up 39% from 3Q 2020). Net loss: JP¥778.0m (loss widened 171% from 3Q 2020).
Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 14 analysts covering Money Forward expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of JP¥469.1m in 2022. Average annual earnings growth of 65% is required to achieve expected profit on schedule.
Reported Earnings • Jul 17Second quarter 2021 earnings released: JP¥0.92 loss per share (vs JP¥13.20 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: JP¥3.99b (up 42% from 2Q 2020). Net loss: JP¥44.0m (loss narrowed 93% from 2Q 2020).
お知らせ • Apr 16Money Forward, Inc. Provides Earnings Guidance for the Year Ending November 30, 2021Money Forward, Inc. provided earnings guidance for the year ending November 30, 2021. For the period, the company expects net sales of ¥14,750 million to ¥15,750 million; Operating loss of ¥1,196 million to ¥796 million; Profit attributable to owners of parent of ¥1,308 million to ¥908 million or LPS of ¥27.42 to ¥19.04.
Reported Earnings • Apr 16First quarter 2021 earnings released: EPS JP¥1.34 (vs JP¥14.59 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥3.47b (up 45% from 1Q 2020). Net income: JP¥64.0m (up JP¥720.0m from 1Q 2020). Profit margin: 1.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue.
Is New 90 Day High Low • Mar 16New 90-day low: €32.99The company is down 1.0% from a price of €33.47 on 16 December 2020. Underperformed the German market, which is up 10.0% over the last 90 days. Lagged the Software industry, which is up 3.0% over the same period.
Reported Earnings • Mar 02Full year 2020 earnings released: JP¥52.07 loss per share (vs JP¥58.95 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: JP¥11.3b (up 58% from FY 2019). Net loss: JP¥2.42b (loss narrowed 5.8% from FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 02Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 35%, compared to a 24% growth forecast for the Software industry in Germany.
お知らせ • Feb 10Lifenet Insurance Company Concludes Business Alliance Agreement with Money ForwardLifenet Insurance Company announced conclusion of a business alliance agreement with Money Forward, Inc. The objective of this business alliance is to sell the Money Forward-branded life insurance product to customers who are using Money Forward ME, an automated personal financial management service provided by Money Forward, Inc. A diagnostic tool will be provided to customers who are using the Money Forward ME as one initiative of the business alliance. This tool will enable customers to review their insurance and apply for Money Forward-branded life insurance product online. It will provide a new customer experience in the areas of household budget management and insurance. Lifenet will continue to dedicate itself to providing insurance products and services that contribute value and convenience to customers.
Analyst Estimate Surprise Post Earnings • Jan 19Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 33%, compared to a 23% growth forecast for the Software industry in Germany.
お知らせ • Jan 16Money Forward, Inc., Annual General Meeting, Feb 26, 2021Money Forward, Inc., Annual General Meeting, Feb 26, 2021.
Analyst Estimate Surprise Post Earnings • Jan 15Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 33%, compared to a 22% growth forecast for the Software industry in Germany.
Reported Earnings • Jan 14Full year 2020 earnings released: JP¥104 loss per shareThe company reported a solid full year result with reduced losses and improved revenues and control over expenses. Full year 2020 results: Revenue: JP¥11.3b (up 58% from FY 2019). Net loss: JP¥2.42b (loss narrowed 5.8% from FY 2019).
お知らせ • Nov 07+ 3 more updatesMoney Forward, Inc. to Report Fiscal Year 2020 Results on Jan 14, 2021Money Forward, Inc. announced that they will report fiscal year 2020 results on Jan 14, 2021
Is New 90 Day High Low • Nov 07New 90-day high: €83.73The company is up 33% from its price of €62.94 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €61.46 per share.
Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total losses of JP¥2.09b, with losses narrowing by 11% from the prior year. Total revenue was JP¥10.2b over the last 12 months, up 59% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 16Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 4.4% at JP¥2.76b. Revenue is forecast to grow 40% over the next year, compared to a 16% growth forecast for the Software industry in Germany.
Is New 90 Day High Low • Oct 08New 90-day high: €68.33The company is up 24% from its price of €55.06 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €58.19 per share.
お知らせ • Sep 19+ 2 more updatesMoney Forward, Inc. (TSE:3994) entered into an agreement to acquire remaining 22.2% stake in R&AC Co., Ltd. from Tomoyasu Takayama for approximately ¥450 million.Money Forward, Inc. (TSE:3994) entered into an agreement to acquire remaining 22.2% stake in R&AC Co., Ltd. from Tomoyasu Takayama for approximately ¥450 million on September 18, 2020. Under the terms, 180 shares will be acquired as a part of the transaction. Money Forward will issue 348.034 share for one share of R&AC. As a part of the transaction, 0.63 million shares will be allotted upon share exchange. The share exchange ratio is subject to change by discussion between the two companies. Post the completion of the transaction, R&AC will operate as a wholly owned subsidiary of Money Forward. R&AC reported total assets of ¥452 million, net assets of ¥363 million, net sales of ¥382 million, operating loss of ¥7 million and net loss of ¥4 million for the fiscal year ended September 2019. The transaction is subject to approval by shareholders of R&AC Co. The transaction is not subject to shareholders approval of Money Forward. The shareholders meeting of R&AC will be held on October 7, 2020. The transaction is expected to close on October 12, 2020.